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Sunday, 5 April 2020

The Market Yesterday

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Pharos Holding - http://www.pharosholding.com/

EGP / USD CBE market average: Buy 15.69 | Sell 15.79
EGP / USD at CIB: Buy 15.70 | Sell 15.80
EGP / USD at NBE: Buy 15.68 | Sell 15.78

EGX30 (Thursday): 9,455 (+0.3%)
Turnover: EGP 926 mn (53% above the 90-day average)
EGX 30 year-to-date: -32.3%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session up 0.3%. CIB, the index’s heaviest constituent, ended down 0.7%. EGX30’s top performing constituents were El Sewedy Electric up 8.4%, EFG Hermes up 4.5%, and Juhayna up 2.3%. Thursday’s worst performing stocks were Cleopatra Hospital down 4.0%, Kima down 1.8% and Credit Agricole down 1.1%. The market turnover was EGP 926 mn, and domestic investors were the sole net buyers.

Foreigners: Net Short | EGP -322.6 mn
Regional: Net Short | EGP -13.5 mn
Domestic: Net Long | EGP +336.1 mn

Retail: 37.8% of total trades | 43.4% of buyers | 32.3% of sellers
Institutions: 62.2% of total trades | 56.6% of buyers | 67.7% of sellers

WTI: USD 28.34 (+11.93%)
Brent: USD 34.11 (+13.94%)

Natural Gas (Nymex, futures prices) USD 1.62 MMBtu, (+4.45%, May 2020 contract)
Gold: USD 1,645.70 / troy ounce (+0.49%)

TASI: 6,749.69 (+2.74%) (YTD: -19.54%)
ADX: 3,758.35 (+0.35%) (YTD: -25.96%)
DFM: 1,722.87 (+0.12%) (YTD: -37.69%)
KSE Premier Market: 5,043.20 (-1.28%)
QE: 8,458.32 (+3.21%) (YTD: -18.87%)
MSM: 3,383.45 (-1.21%) (YTD: -15.01%)
BB: 1,329.78 (-0.86%) (YTD: -17.41%)

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